Binance Dominates in Terms of Web Traffic Among Centralized Exchanges (CEXES)

Phonenix, a crypto analytics platform, shares the list of top centralized cryptocurrency exchanges (CEXES) in terms of the monthly web traffic from multiple countries. The term ‘Web Traffic’ refers to the total volume of users, or visitors, who navigate to and search a specific website within a provided timeframe.

 This Web Traffic is calculated by pointing out the total number of visitors, who visit, the month change, and pages turned over per visit, from different countries. There is a list of Centralized Cryptocurrency Exchanges (CEXES) that have eye-catching figures in the given three aspects, with countries. Phoenix has released this news through its official social media X account.

 Binance Leads Exchange Traffic Despite Monthly Decline

The names of these centralized exchanges are Binance, Coinbase, OKX, KuCoin, Gate, ByBit, Upbit, Kraken, and HTX. The Binance exchange is still dominating despite a change of -10.3% from the previous month. 43.2M visits have been recorded on the Binance exchange, and 7.43 pages were being turned over by visitors from countries like South Korea, India, and Brazil.

Coinbase and OKX are at the 3rd and 4th positions with total visits of 26.7M and 23.1M, respectively. Although they show a decreasing trend in monthly change, they have a difference of 0.3 % with each other.

In Coinbase, 4.96 pages were visited by users from the United States, the United Kingdom, and Germany, along with a monthly change of -3.4%. Moreover, OKX bears a -3.1% monthly change, 23.1M visitors, and 3.86 pages per visit from the people of the United States, Brazil, and Japan.

KuCoin, Gate, and Bybit Navigate Falling Traffic Trends

KuCoin and Gate counted the number of visitors as 18.3M and 14.6M, along with the change of -5.3% and -17.4% in the month, respectively. The visitors of these two exchanges mainly came from the United States and China. While a small proportion of India and South Korea also came for KuCoin and Gate exchanges, and turned 12.38 and 18.05 pages per visit, respectively.

Bybit is a centralized exchange that attains the 6th position in the given list of exchanges with a total of 12.6M total visitors. Bybit also has a monthly change of -18.1%, and people came from South Korea, Turkey, and Ukraine. 8.30 pages per visit have been recorded.

Upbit Shines with Growth While Kraken and HTX Lose Ground

Upbit exchange shows a unique behavior from the given list of exchanges in terms of monthly change. It has shown a positive change of +20.8% with 8.6M total visitors over the last month.  People came from South Korea, Indonesia, and the United States and visited 16.25 pages per visit. These values are calculated from last month’s statistics.

Kraken and HTX exchanges have got the 2nd last and last position with 6.7M and 2.1M total visitors with a monthly change of -19.6% and -36.4%, respectively, over the past month. The people who turn 6.76 pages per visit come from the United States, the United Kingdom, and Canada, for the Kraken exchange. In the HTX exchange, people participated from Turkey, Brazil, and India, with 5.38 pages per visit.